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[+] Anyone know this company? - Serena Stout/VA (3 replies)
3/15/2011 3:36:55 PM (3327 views)

[+] Island moved - William Pattison /CA (4 replies)
3/15/2011 12:09:52 PM (2903 views)

[+] Before & after photos show land and development - William Pattison /CA (2 replies)
3/15/2011 11:23:08 AM (4105 views)

[+] getting burned - LEO POVEDA/CA (6 replies)
3/14/2011 4:45:03 PM (3064 views)

[+] Water, it's the word of the day - CHARLENE  PERRY/MD (2 replies)
3/14/2011 11:19:20 AM (2703 views)


Real Title Services


[+] Vision Land Services - Diane O'Neill/MI (1 reply)
3/14/2011 10:32:21 AM (2926 views)

Zen Title Update - Anita Backlund/MN
3/13/2011 3:15:03 PM (3981 views)

[+] Inquiry on Military Family Foreclosures - Leigh Attridge/MA (6 replies)
3/12/2011 6:45:32 AM (4063 views)

Red Flag on Reverse Mortgages - Leigh Attridge/MA
3/12/2011 6:43:17 AM (3772 views)

More Loan Mod Options - Leigh Attridge/MA
3/12/2011 6:41:57 AM (3759 views)

[-] Saying Goodbye To Unprofitable Customers - Patrick Scott/IL (5 replies)
3/11/2011 8:12:36 PM (3477 views)
Re: Saying Goodbye To Unprofitable Customers - Robert Franco/OH
3/12/2011 10:54:25 AM (3215 views)
Re: Saying Goodbye To Unprofitable Customers - Scott Perry/PA
3/12/2011 11:38:43 AM (3369 views)

That's easy: no volume, no discount.  Period.  No ifs, ands, buts or maybes.

When I was running mostly surface titles and a potential client approached me with all kind of pie-in-the-sky promises of volume in exchange for a discount, I simply said, "OK, fair enough.  When you start sending the volume, THEN you get the discount."  It was a strategy that I found has a way of filtering out the BS.

I always based our discounts on monthly dollar volume rather than the number of searches we did for a given company because of the many different types of search work we were called on to perform.  I will never understand why anyone in this business agrees to cut their price and then is shocked to discover that the other party had no intention of following through on their promise.  The analogy of Charlie Brown, Lucy and the football comes to mind.

You're right, Pat, it makes perfect sense to cut your losses and fire less-than-profitable clients, although many of mine said goodbye to me because they felt my pricing was too high.  It was at that point that I decided to shoot for the coffers of the energy industry, the well-capitalized companies who can actually afford to pay me what I believe I'm worth.

Just my two cents.

Regards,
Scott Perry

 

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Re: Saying Goodbye To Unprofitable Customers - Kevin Ahern/CT
3/12/2011 2:09:20 PM (3197 views)
Re: Saying Goodbye To Unprofitable Customers - Bruce Murch/VA
3/13/2011 11:44:32 PM (3122 views)
Re: Saying Goodbye To Unprofitable Customers - F P/VA
3/15/2011 10:39:02 AM (2863 views)

[+] Bathing Beauties 1905 - Leigh Attridge/MA (1 reply)
3/11/2011 6:10:30 PM (4181 views)

[+] Jersey Shore 1910 - Leigh Attridge/MA (1 reply)
3/11/2011 7:38:53 AM (3967 views)

B of A creating a "Bad Bank" - CHARLENE  PERRY/MD
3/10/2011 3:53:40 PM (3978 views)

Enough is enough - Leigh Attridge/MA
3/10/2011 10:17:52 AM (2728 views)


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